Soaring Prices of Steel, Piping, and Electrical Materials
First written in FY2016. 6 of 16 entries say "Worsened", first in FY2022. Latest entry: FY2026.
Tanabe Engineering moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2022: 127 of 168 companies on the "Worse" side.
34 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Although increases in construction material and labor costs have continued, the effects of improved construction efficiency and stricter risk management have continued, resulting in an improvement in the gross profit margin.」
Material and labor costs continue to rise, but the gross profit margin improved to 19.4% due to the effects of improved construction efficiency and risk management. - 2026-05-13MitigatedResults
「Although increases in construction material and labor costs have continued, the effects of improved construction efficiency and stricter risk management have continued, resulting in an improvement in the gross profit margin.」
工事資材費・労務費の上昇は続く一方、利益率は施工効率改善等により改善した。 - FY2025MitigatedAnnual report
「Although increases in construction material and labor costs have continued, the continued effects of improved construction efficiency and stricter cost control, together with the penetration of rigorous risk management based on lessons learned from construction losses incurred in the past, helped prevent a decline in profitability, resulting in a significant improvement in the gross profit margin.」
Material and labor costs continue to rise, but the gross profit margin improved from the previous fiscal year, when higher material prices pushed it down, due to the effects of construction efficiency, cost management, and risk management. - FY2025-H1RestatedAnnual report
「In the surface-treatment business operated in Thailand, surface treatment for HDD applications remained flat, while surface treatment for automotive parts was generally sluggish but EV-related parts remained firm. Orders rose above the same period of the previous year to ¥650 million, up 8.9%, and sales also rose 8.9% to ¥650 million. However, due to higher raw-material and fuel prices, the segment posted a loss of ¥24 million, compared with a loss of ¥30 million in the same period of the previous year.」
Higher raw material and fuel prices continue to be a factor behind losses in the surface treatment business, but the segment loss narrowed from ¥30 million in the same period of the previous year to ¥24 million. - FY2024MaterialisedAnnual report
「Several projects in the facilities construction business became less profitable because the increases in material, labor and other costs resulting from changes in market conditions could not be absorbed.」
Higher material and labor costs have materialized as declining profitability on multiple construction projects and a decrease in the gross profit margin to 14.1%. The company also describes measures including early ordering, diverse procurement sources, and passing costs on to construction prices. - FY2024-Q3WorsenedAnnual report
「Several projects in the facilities construction business became less profitable because the increases in material, labor and other costs resulting from changes in market conditions could not be absorbed.」
Higher material costs have materialized as declining profitability on multiple construction projects, and the pressure on earnings from soaring material prices continues. - FY2024-Q2Continued losses due to soaring raw material and fuel pricesAnnual report
「In the surface treatment business operated in Thailand, while surface treatment for HDD applications remained weak, surface treatment for automotive components was generally flat and EV-related components were improving. Orders were ¥597 million, up 10.6%, and sales were ¥597 million, up 10.6%, exceeding the same quarter of the previous year. However, rising raw-material and fuel prices and other factors resulted in a segment loss of ¥30 million, compared with a loss of ¥37 million in the same quarter of the previous year.」
Higher raw material and fuel prices continue to be a factor behind losses in the surface treatment business. The segment loss narrowed from ¥37 million in the same quarter of the previous year to ¥30 million. - FY2024-Q1WorsenedAnnual report
「In the surface treatment business operated in Thailand, surface treatment for HDD applications was weak due to sluggish sales in the HDD industry, while surface treatment for automotive components remained flat. Although orders were ¥291 million, up 5.6% from the same quarter of the previous year, and sales were ¥291 million, up 5.6%, exceeding the same quarter of the previous year, rising raw-material and fuel prices and other factors resulted in a segment loss of ¥24 million, compared with a segment loss of ¥4 million in the same quarter of the previous year.」
Higher raw material and fuel prices have materialized as increased cost burdens and losses in the surface treatment business, and the impact of soaring price risk continues. - FY2023-Q3WorsenedAnnual report
「Meanwhile, the cost ratio increased due to higher raw material and fuel prices, resulting in a segment loss of ¥60 million (compared with profit of ¥25 million in the same quarter of the previous year).」
Higher raw material and fuel prices have materialized as an increase in the cost ratio and losses in the surface treatment business. - FY2023-Q2WorsenedAnnual report
「Due partly to higher raw material and fuel prices, the segment posted a loss of ¥37 million (compared with profit of ¥8 million in the same quarter of the previous year).」
Higher raw material and fuel prices materialized as losses in the surface treatment business, which swung from profit in the same quarter of the previous year to a loss of ¥37 million. - FY2023-Q1WorsenedAnnual report
「In the surface treatment business operated in Thailand, surface treatment for HDD applications was trending downward, while surface treatment for automotive components remained stagnant. Orders were ¥276 million, up 0.8%, and sales were ¥276 million, up 0.8%, approximately unchanged from the same quarter of the previous year. However, rising raw-material and fuel prices and other factors resulted in a segment loss of ¥4 million, compared with segment profit of ¥120 million in the same quarter of the previous year.」
Higher raw material and fuel prices have materialized as losses in the surface treatment business, and the impact of the risk of rising material prices continues. - FY2022WorsenedAnnual report
「The gross profit margin is analyzed as having declined 0.9 percentage points from the previous fiscal year. Although the company worked to establish its construction framework, improve construction efficiency, and implement rigorous cost management amid intensifying competition, the increase in the cost of completed construction contracts, partly due to soaring material costs, exceeded the increase in revenue.」
Higher material costs have materialized in the form of increased costs of completed construction contracts and a lower gross profit margin. The company also describes measures including passing costs on to customers, placing orders early, and developing a diverse range of procurement sources. - FY2021RestatedAnnual report
「The company procures materials including steel, piping, and electrical materials. If material prices rise rapidly and substantially due to shortages or surging market prices, this could affect the performance of the Group.」
The company continues to identify the potential impact of surging prices for steel, piping, electrical materials, and other materials on performance as a risk. - FY2019RestatedAnnual report
「The company procures materials including steel, piping, and electrical materials. If material prices rise rapidly and substantially due to shortages or surging market prices, this could affect the performance of the Group.」
The company reconfirms the potential impact of higher prices for steel, piping, electrical materials, and other materials on performance as a risk item. - FY2017MaterialisedAnnual report
「Rising labor costs, construction delays and higher material costs due to labor shortages have become apparent, creating a challenging earnings environment.」
The company states that the risk of surging prices for steel, piping, electrical materials, and other materials has materialized in the form of higher material costs. - FY2016First statedAnnual report
「The company procures materials including steel, piping, and electrical materials. If material prices rise rapidly and substantially due to shortages or surging market prices, this could affect the performance of the Group.」
The company identifies higher costs resulting from shortages and surging market prices for key materials as a performance risk.